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Saturday, January 26, 2008

'Now we are all sons of bitches'

The test director, Kenneth Bainbridge, called the explosion a "foul and awesome display" and remarked to Oppenheimer, "Now we are all sons of bitches."

Just a random thought: I wonder whether central bankers and economists would have similar feelings looking at the sub-prime mess, as the physicist Brainbridge above? Or should they be having sleepless nights? Most of the academic economists I know including very prominent ones seem to be 'fascinated and excited' by the current financial turmoil- to them its good research and teaching material.